G-Factory Co (TSE:3474) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3474 G-Factory Co Ltd TSE:3474
66 GF Score
Price 円575.00
GF Value 円623.08
Valuation Fairly Valued
! 3 Warning Signs
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What is G-Factory Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


G-Factory Co  (TSE:3474) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


G-Factory Co Cyclically Adjusted PB Ratio Related Terms


G-Factory Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for G-Factory Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

G-Factory Co Cyclically Adjusted PB Ratio Chart

G-Factory Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2.74 0.00

G-Factory Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSE:3474 vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, G-Factory Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


G-Factory Co Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, G-Factory Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where G-Factory Co's Cyclically Adjusted PB Ratio falls into.


TSE:3474
66GF Score
G-Factory Co Ltd TSE:3474
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G-Factory Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

G-Factory Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, G-Factory Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0/113.0000*113.0000
=0.000

Current CPI (Dec25) = 113.0000.

G-Factory Co Annual Data

Book Value per Share CPI Adj_Book
201612 229.190 98.400 263.196
201712 254.997 99.400 289.886
201812 248.628 99.700 281.795
201912 231.518 100.500 260.314
202012 194.260 99.300 221.061
202112 236.565 100.100 267.051
202212 291.874 104.100 316.828
202312 264.209 106.800 279.547
202412 221.959 110.700 226.571
202512 0.000 113.000 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is G-Factory Co (TSE:3474) Overvalued in 2026?

Based on GuruFocus' analysis, G-Factory Co stock appears to be undervalued. The current stock price of 円575.00 is trading 7.7% below its estimated GF Value™ of 円623.08. GuruFocus considers G-Factory Co to be Fairly Valued.

Key valuation signals for TSE:3474:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: 円623.08 vs. price of 円575.00 (7.7% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:3474 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


G-Factory Co Business Description

Address Nishi-Shinjuku 1-25-1, Shinjuku-ku, Shinjuku Center Building 33th Floor, Tokyo, JPN, 163-0633
G-Factory Co Ltd is engaged in real estate business. It provides leasing of property for small and medium-sized enterprises and restaurant businesses. It also provides management support for restaurants that develop store type services. It also offers other support services, including property information, interior equipment, whole, overseas store opening, maintenance, and leave/M&A support services.
66GF Score

Get the complete analysis for TSE:3474

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円575.00
Price
円623.08
GF Value